Danakali Share Discussion Threads

[lew crapper] 12/11/2002 21:30

I am looking to sell tomorrow 25,000 and split into BHM and ETQ the price should be 42p+ first thing. The USA BBs say we are in for a drop shortly any comments
Lew C

[zedder] 12/11/2002 21:23

BB,
The swing traders are just pushing it back to $2.70 before they let go and it falls back to $2.50 and below.
As for UK open tomorrow; maybe 41p/43p. The $ weakened a bit last week when the Fed cut rates but the UK didn't. Now about $1.585 to the pound.

[maxbubble] 12/11/2002 21:19

bb good timing

not sure whats moving US - must have been a big trade near the end

good to see bigger trades going thru in the UK

[blockbuy] 12/11/2002 21:13

Max, I've been away for best part of a week....come back and hit the sweet spot on a trade.
Not often that happens eh?

Any idea why it's surged over in the US?

The after hours in the UK maybe?

[maxbubble] 12/11/2002 21:08

bb i've heard of people talking to themselves!!!!...........youre not that mad really are you?

[blockbuy] 12/11/2002 21:02

2.64 / 2.65 close....isn't that 42/44 or there abouts???

[blockbuy] 12/11/2002 20:27

well looks likr i'm on my lonesome

anyhow, EK, IKN and XRX all on the up today.....

could this lead into an attempt at 2.70 again in the next day or so????

[blockbuy] 12/11/2002 20:03

Well one hell of a gut feel eh???

2.63 / 2.64 currently.

Anything can happen before 21:00 though

;-)

[blockbuy] 12/11/2002 17:32

Had a feeling about today...gut feel said rise on the way...

Went with my gut....again.

Nice after hours buying there ...approx 300k in total.

[blockbuy] 12/11/2002 15:24

bouncing off 2.50......again....that makes how many times now????

[oaklandsway] 11/11/2002 23:30

tizo, how are you feeling mate?

Please read all my messages & you will find about my statements saying that I will revise my position depending on Q2 & Q3 but won't tolerate the decline of NAV before saying buy & hold for long position.

Now we saw the decline of NAV so I purely trade Danky based on chart, news flow, trading pattern, market sentiments, my experience, etc.

Please ask Jag or even ff who might remember my statements posted here & in yahoo (I will cut & paste if I can find them). My position has been stated clearly only trading actively since Danky broke down its fair value of $3.40 (my assumption based on final result last fiscal year).

In fact I was the only person who declared to stay on the sidelines (after selling with average of £2.70+) just before the Q2 result. Most of you decided to trade after reading the result & others decided to top up. On that time ff predicted Danky to reach $3.30 but based on chart & trading pattern I saw a bear trap at around $2.70-$2.80 already so I sold out mine.

[panagos] 11/11/2002 22:41

Tizo, Oaks discovered Danka when it was 10p everyone thought it was finished and it became an 8 bagger in 6 months, its a recovery play even at 40p its a4 bagger so it was a good call....

[blockbuy] 11/11/2002 13:40

afternoon all....holding well at 40p ($2.50) aint she......

anything expected this week?

[panagos] 11/11/2002 09:51

Also I've got my eyes on BRW (broker)...P/E 6.4 times which is low for the industry

[panagos] 11/11/2002 09:09

Thanks oaklandway, hope you had a good time during the weekend, shares can be delt with on weekdays ;-)

[oaklandsway] 11/11/2002 08:52

Good morning Panagos,
Sorry I could not reply you yesterday as a girl did not let me open internet during the weekend with her.

Takling about ITO & MMT, I have not started investing in IT sector yet but MMT looks better than ITO.

There are few companies to release earnings tomorrow. My focus will be on BPG that looks good if the market could agree with PE ratio of 20. Strong profit (eps 20p last year) and very good dividend (16p last year) will be always attractive especially when the interest rate is low. Based on news from sharecast.com, it already claims a 6% market share and its core express packets business has been growing at a 5% per annum clip. The prospect for growth seems better because the deregulation in mailing will benefit its unit(UK Mail Ltd).

Short term price target is £4+ if the EPS & revenue can grow as expected. IMHO.

[panagos] 10/11/2002 00:31

Dear Oaks, I would guess its ITO

ITO's profits during last reporting (for y e 31.03.02) were distorted by the FRS11 impairment of goodwill, also the ir clients are the likes of sun micro, IBM, HP etc. Wilkinson (director) promised EBITDA profitability (not sure seen it on the ITO thread, please DYOR. Market. Cap 64m looks to me low for a company targeting globally NAV Per share 75p. Net Debt of 21m looks to me ok re: MCap. Huge spread though 14%...a bit like VLX, probably MMs dont want people to deal with it, or not sure of its direction. I believe it results are good many open shorts will be closed.

Did I guess right?

But it could also be MMT, undervalued at 8.7m with Southwing adding to its position totalling 1.1m shares, or NES could be the one in your watch-list..

[oaklandsway] 08/11/2002 22:57

Not VOD.

Sigora, VOD is pretty speculative. Chartists said that it could reach 140p-ish if the buying pressure is strong enough to break through 115p. Unfortunately, I can't pay over £1 yet until I see the result. So I would prefer to lose gains than gaining loss.

[oaklandsway] 08/11/2002 22:08

Panagos, I am also interested in another stock which the results will be released on Tuesday. Could you guess? & why?

[panagos] 08/11/2002 15:24

Hehe, 9/11 price for most fundementally good co's (especially bank)g opportunity
of recent times, but who had the balls to get in in a freefall....

[oaklandsway] 08/11/2002 15:15

Thanks Panagos, unfortunately we missed the bottom at around 95p after 9/11.